Full-Time

Principal Device Engineer

Posted on 5/9/2026

GlobalFoundries

GlobalFoundries

10,001+ employees

Semiconductor foundry delivering specialized chips

Compensation Overview

$85k - $146k/yr

Company Does Not Provide H1B Sponsorship

New York, NY, USA + 1 more

More locations: United States

In Person

Up to 10% domestic travel.

Category
Electrical Engineering (1)
Required Skills
Data Science
Data Analysis
Requirements
  • Master’s Degree or foreign equivalent in Electrical Engineering, Computer Engineering or a related field of study.
  • 2 years of progressively responsible post-baccalaureate experience in job offered or related role.
Responsibilities
  • Improve the performance and manufacturability. Perform data mining, data analysis, and macro design for experiments.
  • Work on open-source software enablement and development projects in the silicon photonics area to improve the capability of device/macro design and simulation.
  • Complete ownership of a technology module, accountable for prioritization of projects based on business need, the delegation of tasks to extended module team, lead for definition of improvement experiments and hardware disposition.
  • Sustain and improve manufacturing technologies by ensuring product quality, reducing defectivity, improving process stability (Cp/Cpk), and increasing processing efficiency.
  • Detect line issues through data analysis and drive appropriate containment and resolution in a timely manner in order to limit the impact to yield and delivery.
  • Collaborate with the device, process modules in driving development work for new production technologies.
  • Drive cost reductions through expense elimination, line and test yield improvement, and efficiency improvements.
  • Perform all activities in a safe and responsible manner and support all Environmental, Health, Safety & Security requirements, and programs.

GlobalFoundries is a semiconductor foundry that manufactures chips for a broad range of customers, focusing on feature-rich, reliable technologies for cars, IoT, 5G, and other high-growth markets. It operates by fabricating silicon wafers for customer designs, offering mature, specialized processes rather than chasing the most advanced nodes. This makes it different from peers that prize the latest process nodes; GlobalFoundries emphasizes diversification across a global manufacturing footprint (U.S., Europe, Singapore) and stable supply for essential applications. Its goal is to be a leading supplier of high-volume, specialty manufacturing that enables reliable chips for everyday devices and growing tech markets.

Company Size

10,001+

Company Stage

IPO

Headquarters

Town of Malta, New York

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Silicon photonics revenue doubles in 2026, hits $1B run-rate by 2028.
  • AMF acquisition expands photonics, boosts Q1 2026 gross margins 500bps.
  • CHIPS Act awards $1.587B for New York, Vermont fab expansions creating 1,100 jobs.

What critics are saying

  • BIS fines GlobalFoundries $500K for 74 shipments to entity-listed SJ Semiconductor.
  • TSMC erodes market share in 12nm, 16nm automotive nodes with 10-15% cost edge.
  • Singapore export controls block photonics shipments, halts 20-25% data center revenue.

What makes GlobalFoundries unique

  • GlobalFoundries specializes in feature-rich 22FDX for automotive and RF chips.
  • Pivoted in 2018 to halt 7nm, targeting IoT, 5G, and high-growth niches.
  • Deploys silicon photonics stack across New York and Singapore fabs for AI interconnects.

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Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Yahoo Finance
Mar 17th, 2026
GlobalFoundries sees silicon photonics hitting $1B+ run rate by 2028 as AI data centers drive optical interconnect demand

GlobalFoundries is positioning silicon photonics as essential infrastructure for AI data centres, arguing that copper-based connectivity becomes fundamentally limited beyond 200 gigabits per lane. The company says optical interconnects scale more effectively for reach, bandwidth density and energy efficiency as AI systems drive growth in "east-west" machine-to-machine traffic. The chipmaker is deploying a full silicon photonics stack across 200mm and 300mm fabrication facilities in New York and Singapore, with a co-packaged optics facility planned for Malta, New York in 2025. Recent acquisitions of AMF and InfiniLink have expanded its capabilities. Management expects silicon photonics revenue to double in 2026, with a clear path to exceeding $1 billion annual run rate by end-2028. The company estimates its serviceable addressable market will reach approximately $11 billion by 2030.

StreetInsider
Mar 12th, 2026
GlobalFoundries launches secondary offering of 20 million shares

GlobalFoundries Inc. (NASDAQ: GFS) announced a secondary public offering of 20 million ordinary shares and a concurrent share repurchase of approximately $300 million worth of shares. Mubadala Technology...

Yahoo Finance
Feb 21st, 2026
UBS raises GLOBALFOUNDRIES price target to $50, analysts bullish on Q4 beat and 2026 outlook

UBS raised its price target on GLOBALFOUNDRIES Inc. to $50 from $45 on 12 February, maintaining a neutral rating. The bank cited 2026 as a transition year as the semiconductor foundry's end-market exposure shifts. The upgrade followed strong fourth-quarter results, with earnings per share of 55 cents beating consensus estimates of 47 cents and revenue of $1.83 billion exceeding expectations of $1.8 billion. Non-IFRS gross margin expanded nearly 400 basis points year-over-year. TD Cowen and Baird also raised their price targets to $56 and $60 respectively, with analysts highlighting momentum in communications, data centres, defence, aerospace and automotive sectors. CEO Tim Breen said recent acquisitions are expanding capabilities to serve AI data centre and onshoring megatrends.

Yahoo Finance
Feb 12th, 2026
Globalfoundries swings to $888M profit with 439% jump and $500M buyback

Globalfoundries shares surged 16.32% to $48.74 on Wednesday, reaching a one-year high after the chipmaker swung to profitability in 2025. The company reported net income of $888 million, a 439% improvement from a $262 million loss in 2024, despite revenues rising just 1% to $6.79 billion. In the fourth quarter, Globalfoundries posted net income of $200 million, reversing a $729 million loss from the previous year, whilst revenues remained flat at $1.83 billion. The company also announced a $500 million share buyback programme running for 12 months to boost shareholder value. The initiative will be executed through open market purchases and privately negotiated transactions and may be modified or terminated at any time.

Arab Founders
Nov 28th, 2025
US-Based GlobalFoundries Acquires Egypt’s InfiniLink to Strengthen AI-Driven Data Center Photonics

The dual acquisition of InfiniLink in Cairo and AMF in Singapore positions GlobalFoundries to accelerate next-generation optical engines and 400G/λ data center innovation.